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Castorseed futures up Rs 54 on spot demand, tight supply

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Press Trust of India New Delhi
In futures trading, castorseed prices were up Rs 54 per quintal today as speculators widened positions amid a firm trend at the physical market on strong demand amid tight supplies.

Marketmen attributed rise in castorseed prices at futures trade to rising demand at the physical markets against tight supplies.

At the National Commodity and Derivatives Exchange, castorseed for delivery in most-active October contracts was trading higher by Rs 54, or 1.29 per cent to Rs 4,244 per quintal, clocking an open interest of 1,48,960 lots.

Also, September delivery contracts were up Rs 50, or 1.21 per cent to Rs 4,176 per quintal, in an open interest of 91,350 lots.

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First Published: Sep 10 2015 | 12:22 PM IST

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